Website Terms and Conditions of Use
1. Terms
By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, applicable laws and regulations and their compliance. If you disagree with any of the stated terms and conditions, you are prohibited from using or accessing this site. The materials contained in this site are secured by relevant copyright and trade mark law.
2. Use License
- Permission is allowed to temporarily download one duplicate of the materials (data or programming) on connectfinancials.com’s site for individual and non-business use only. This is the just a permit of license and not an exchange of title, and under this permit you may not:
- modify or copy the materials;
- use the materials for any commercial use , or for any public presentation (business or non-business);
- attempt to decompile or rebuild any product or material contained on connectfinancials.com’s site;
- remove any copyright or other restrictive documentations from the materials; or
- transfer the materials to someone else or even “mirror” the materials on other server.
- This permit might consequently be terminated if you disregard any of these confinements and may be ended by connectfinancials.com whenever deemed. After permit termination or when your viewing permit is terminated, you must destroy any downloaded materials in your ownership whether in electronic or printed form.
3. Disclaimer
- The materials on connectfinancials.com’s site are given “as is”. connectfinancials.com makes no guarantees, communicated or suggested, and thus renounces and nullifies every single other warranties, including without impediment, inferred guarantees or states of merchantability, fitness for a specific reason, or non-encroachment of licensed property or other infringement of rights. Further, connectfinancials.com does not warrant or make any representations concerning the precision, likely results, or unwavering quality of the utilization of the materials on its Internet site or generally identifying with such materials or on any destinations connected to this website.
4. Constraints
In no occasion should connectfinancials.com or its suppliers subject for any harms (counting, without constraint, harms for loss of information or benefit, or because of business interference,) emerging out of the utilization or powerlessness to utilize the materials on connectfinancials.com’s Internet webpage, regardless of the possibility that connectfinancials.com or a connectfinancials.com approved agent has been told orally or in written of the likelihood of such harm. Since a few purviews don’t permit constraints on inferred guarantees, or impediments of obligation for weighty or coincidental harms, these confinements may not make a difference to you.
5. Amendments and Errata
The materials showing up on connectfinancials.com’s site could incorporate typographical, or photographic mistakes. connectfinancials.com does not warrant that any of the materials on its site are exact, finished, or current. connectfinancials.com may roll out improvements to the materials contained on its site whenever without notification. connectfinancials.com does not, then again, make any dedication to update the materials.
6. Links
connectfinancials.com has not checked on the majority of the websites or links connected to its website and is not in charge of the substance of any such connected webpage. The incorporation of any connection does not infer support by connectfinancials.com of the site. Utilization of any such connected site is at the user’s own risk.
7. Site Terms of Use Modifications
connectfinancials.com may update these terms of utilization for its website whenever without notification. By utilizing this site you are consenting to be bound by the then current form of these Terms and Conditions of Use.
8. Governing Law
Any case identifying with connectfinancials.com’s site should be administered by the laws of the country of SVG connectfinancials.com State without respect to its contention of law provisions.General Terms and Conditions applicable to Use of a Website.
9. Summary of anti-money laundering and know your customer policy (AML&KYC)
To monitor the accordance with EU directives and recommendations of FATF, Connect Financials LLC Digital Exchange OU (hereinafter – CF Exchange or Company) has established a Compliance department responsible for Anti-money laundering and Know Your Customer (AML & KYC) procedures, obligatory for all employees and determining the policy of engagement with any individual or company which has an account on the website www.connetfinancials.com
This summary describes base points of Company’s internal AML policy:
KNOW YOUR CUSTOMER PROCEDURES
Connect Financials LLC Digital Exchange follows a strong process of KYC verification for both types of clients – individuals and corporate, as per local and international AML/CTF regulations. Upon the request of the Company additional documents and information should be provided by the client. Refusing to provide documents on Company’s compliance request may lead to suspending or termination of relationships with the Company. Filling of respective KYC questionnaires, passing liveness check and video verification are also obligatory requirements of the Company.
MONITORING TRANSACTIONS
Connect Financials LLC Digital Exchange verifies the client bank’s reputation, geographic location and license. The client is allowed to declare only one bank account for transactions, and all deposits and withdrawals are allowed only from/to the declared account. The Company performs real-time checks of transactions. In case of the evidence or signs of suspicious transactions at the client’s account, cash or crypto replenishments from untrusted sources and / or any actions with attributes of fraud, the Company reserves the right to conduct an internal investigation, to block or close the Customer’s Trading Room or any Account, cancel any payment or trading order and to suspend operations on the Accounts.
AML/SANCTIONS SCREENING
Connect Financials LLC Digital Exchange is protected against involvement in money laundering and terrorist financing through the Screening of all clients (including controllers and beneficial owners), including sanctions screening. The Company also has an overall obligation to hold adequate and up to date information on clients’ beneficial ownership and conducts regular re-checks on clients and their activity.
GEOGRAPHIC OF PROVIDING SERVICES
The Company doesn’t provide services to the persons who are located at the jurisdictions that are identified by the EU and FATF as high risk and non-cooperative jurisdictions having strategic AML/CFT deficiencies, according to official lists (including Iran, North Korea, etc.). Moreover, the Company doesn’t provide services to citizens and residents of the U.S.A.
RISK ASSESSMENT
The Company applies a Risk Based Approach across the business, this requires identification, assessment, understanding and mitigation of AML/CTF risk including considering risk factors such as customer, product, geography and channel
